Top 20
Debt Consolidation Loan Lenders in Maryland
Maryland is a wonderful place but people take Personal loans, Home loans, Mortgage loans, etc. to fulfill the requirements because here, the cost of living is 22 % higher than the national average. Also, housing is 54 % higher than the national average in the USA. People have approximately $ 45,000 above average debts and pay multiple installments at high interest rates at the end of each month. So, Debt Consolidation Loan Lenders in Maryland provide consolidation loans that consolidate all your debts into one debt.
Debt Consolidation Loans are the best loans because these loans have a lower interest rate and small monthly installments, consolidate all debts into one, available on good or fair credit card scores with APR. Loan lenders take Collateral as a security while providing debt consolidation loans because it is a secured loan. Some loan lenders provide debt consolidation loan services through their websites or branches in many cities or counties.
Best Debt Consolidation Loan Lenders in Maryland
Debt Consolidation Loans cover Personal loans such as Vehicle loans, Home improvement loans, etc. Here, utilities and clothing are 8 % and 9 % higher than the national average of the USA respectively. An average $ 74,520 annual income is needed for a family to live in Maryland but people take multiple loans but do not have multiple income sources.
We have shared the top 20 best debt consolidation loan lenders in Maryland who provide consolidation loans at lower interest rates for a term time.
You can also read:
Debt Consolidation Loan Lenders in Iowa
Debt Consolidation Loan Lenders in Idaho
Debt Consolidation Loan Lenders in Connecticut
Debt Consolidation Loan Lenders in Pennsylvania
Debt Consolidation Loan Lenders in Massachusetts
1. APG-FCU
APG-FCU (Federal Credit Union) is a not-for-profit financial cooperative union that provides all types of loans such as Personal loans, Mortgage loans, Auto loans, Debt consolidation loans, Home equity loans, Business loans, etc in Aberdeen, Maryland. It is one of the best debt consolidation loan lenders in Maryland that provides loan services in different cities or counties through its website or branches.
Debt consolidation loans consolidate Personal loans, Home loans, Student loans, etc. at good credit card scores. For debt consolidation loans, you have a minimum 680 to 850 maximum credit card score with an average APR. The loan amount depends on your credit card score and the interest rate depends on the loan term. This union provides up to $ 50,000 as a loan amount and no early payoff charges.
Website: www.apgfcu.com
Headquarters: Aberdeen, Maryland
Contact: 800-225-2555 (HQ)
2. Open House Lending Corporation
Open House Lending Corporation was established by Richard Klemkowski in 1996, in Nottingham, Maryland. This Corporation provides loan services in different states or cities such as the District of Columbia, Delaware, Maryland, Virginia, West Virginia, Colorado, and California. It is one of the best debt consolidation loan lenders in Maryland that provides Personal loans, Debt consolidation loans, and Mortgage loans to customers.
Open House Lending Corporation provides debt consolidation loans at lower interest rates, and you can consolidate your two or more loans into consolidation loans. This company does not charge any fees, no extra fees, no prepayment for loans. For debt consolidation loans, you have a good credit card score and high annual income that assures you can pay the loan at the end of each month.
Website: www.openhouselending.us
Headquarters: Nottingham, Maryland
Contact: 888-222-6960 (HQ)
3. Americor
Americor company was founded by Benny Ganatra a decade ago in Irvine, California. It is one of the best online debt consolidation loan lenders in Maryland that provides Debt consolidation loans, Debt settlement loans, and Credit counseling services with 10 + years of experience. This company also provides services in Maryland cities through its online website.
For debt consolidation loans, you have a good credit card score with a good APR rate and make sure your debt does not exceed 50 % of your Income. $ 5,000 to $ 40,000 loan amount will be provided in debt consolidation loans for 24 to 48 months of term time at a lower interest rate. Americor does not charge orientation fees or application fees but if you fail to repay the loan after term time then it takes plenty of the loan.
Website: www.americor.com
Headquarters: Irvine, California
Contact: 800-211-2660 (HQ)
4. New Era Debt Solutions
New Era was established in 1999, in Camarillo, California, and provides debt consolidation services in different locations such as Idaho, Texas, Nevada, Florida, Connecticut, Tennessee, Maryland, etc. It is a debt settlement company that helps people overcome their debts through debt consolidation loans and become debt-free from all old loans.
It is one of the best online debt consolidation loan lenders in Maryland and its counties and consolidates Personal loans, Student loans, and Credit card loans into Debt consolidation loans. This company provides unsecured debt consolidation loans which means orientation or extra charges apply during consolidation. New Era gives approximately 3 years of term time to pay the debt consolidation loan back to the company.
Website: www.neweradebtsolutions.com
Headquarters: Camarillo, California
Contact: 866-536-9009 (HQ)
5. InCharge Debt Solutions
InCharge Debt Solutions is a non-profit organization that was established in 1997, in Orlando, Florida. It consolidates your multiple debts such as Personal loans, Student loans, Auto refinancing loans, Mortgage loans, etc into one single Debt consolidation loan. Debt Consolidation Loan offers small monthly installments at lower interest rates and is one of the best online debt consolidation loan lenders in Maryland.
InCharge Debt Solutions offers a $ 1000 to $ 1,00,000 loan amount for 2 to 3 years of term time in debt consolidation loans. For a debt consolidation loan, you have a good credit card score and the amount will be credited to your account within 24 hours. This company considers a debt consolidation loan an unsecured loan, which means it takes a few high-interest rates rather than lower ones.
Website: www.incharge.org
Headquarters: Orlando, Florida
Contact: 866-721-3925 (HQ)
6. Mariner Finance
Mariner Finance is a Baltimore-based company that provides Debt consolidation Loans, Personal loans, Car loans, Home loans, Home improvement loans, Vehicle loans, and Wedding loans in 28 states of the USA. It is one of the best debt consolidation loan lenders in Maryland that deals in small amounts of debt loans.
This company provides $ 1000 to $ 25,000 debt consolidation loans at lower interest rates. In debt consolidation loans, you have to pay only one single payment at the end of each month for a small time and you can get out of debt soon. For this loan, you should have an 850 maximum credit card score with good APR rates.
Website: www.marinerfinance.com
Headquarters: Nottingham, Maryland
Contact: 877-310-2373 (HQ)
7. BCE-FCU
Baltimore County Employees Federal Credit Union (BCE-FCU) was established in 1963, in Baltimore, Maryland. This credit union has 60 years of experience and has 3 branches that serve services related to Debt consolidation loans, Personal loans, Student loans, Business loans, Home equity loans, etc. Paying multiple debts on high interest rates is very difficult, so, debt consolidation loans consolidate all debts into one.
Debt consolidation loans have fixed interest rates as Personal loan interest rates. The loan amount will depend on your credit card score which means if you have a good credit card score with a good APR then you can choose the large payment plan in debt consolidation loans that covers all old debts. APR must be between 5.50 % to 8.90 % and the maximum credit card score is up to 800.
Website: www.bcefcu.com
Headquarters: Baltimore, Maryland
Contact: 800-234-4730 (HQ)
8. Ability Mortgage Group
Ability Mortgage Group was established in 2001, in Queenstown, Maryland. Peter Dellane is the President and Owner of this group that provides Jumbo loans, Debt consolidation loans, and Mortgage loans locally. It is one of the best debt consolidation loan lenders in Maryland and is also available in different cities such as Annapolis, Columbia, Dundalk, Rockville, Towson, etc.
Debt consolidation loans are the best option for those people who have multiple loans and pay high-interest rates. This group provides $ 1000 to $ 15,000 debt consolidation loans at lower interest rates with up to 10 % APR for 60 months of term time. A debt consolidation loan is considered an unsecured loan which means interest rates can be high but lower than other loans’ interest rates.
Website: www.abilitymortgagegroup.com
Headquarters: Queenstown, Maryland
Contact: 410-827-5111 (HQ)
9. Debt Rx
Debt Rx is the longest-operating Debt negotiation and Debt relief firm that is based in Frederick, Maryland. It is one of the best debt consolidation loan lenders in Maryland and its counties or cities that provides Debt consolidation loans, Debt relief, Debt settlement, Bankruptcy, Credit Counseling, etc. services in 50 states of the USA via its online website.
Debt Rx consolidates all your loans into one loan. Debt consolidation loans provide loans at lower interest rates rather than high-interest rates. This company provides a longer repayment time to pay debt consolidation loans and also saves taxes on the loan. If you have a good credit card score with a good APR then the amount will be credited within 24 hours or 2 days after applying.
Website: www.debtrx.com
Headquarters: Frederick, Maryland
Contact: 866-601-7857 (HQ)
10. American Credit Card Solutions
American Credit Card Solutions (ACCS) provides Bankruptcy, Credit Counseling, Debt consolidation loans, Debt relief, Debt settlement, etc. with over 10 years in different cities or states such as Iowa, Kansas, Maryland, Indiana, Florida, New York, New Jersey, Georgia, Idaho, and many more. It is one of the best debt consolidation loan lenders in Maryland that provides loan services via an online website.
People have two or more credit cards and take multiple different loans on these credit cards but do not have any other income sources. So, ACCS provides secured debt consolidation loans that help you to transfer all debts into one debt with 0 % APR and pay single monthly installments at the end of each month. ACCS uses collateral if you fail to repay the loan to the loan lender.
Website: www.americancreditcardsolutions.com
Headquarters: Frederick, Maryland
Contact: 877-820-2957 (HQ)
11. Upgrade
Upgrade was established in 2017, in San Francisco, California. The upgrade provides debt consolidation loans through its online website and also provides services in other states such as Kansas, Idaho, Connecticut, DC, Iowa, Maryland, etc. It is one of the best online debt consolidation loan lenders in Maryland that provides unsecured debt consolidation loans to customers.
The upgrade provides $ 1000 to $ 50,000 loan amounts for 36 to 60 months of term time if you have at least 560 or above credit card score with an 8.49 % to 35.99 % APR rate. The amount of the debt consolidation loan will be credited within 24 hours or 2 days after applying via its online website.
Website: www.upgrade.com
Headquarters: San Francisco, California
Contact: 844-319-3909 (HQ)
12. Social Financial
Social Financial was founded in 2011, in Cottonwood, Utah, and provides loan services in different states such as Iowa, Connecticut, DC, Kansas, Idaho, Maryland, etc. through their website. It offers Debt consolidation loans, Mortgage loans, Personal loans, Investment loans, Student loans, Refinancing loans, Travel loans, etc., and has become the best loan lender in Maryland.
For debt consolidation loans, your minimum credit card score is 680 to 720 with 5.74 % to 20.28 % APR rates. SoFi provides a $ 5000 to $ 99,000 loan amount for 12 to 60 months, and the amount will be received within two days after document verification. This company does not charge any prepayment amount or fees, orientation fees, etc., and also offers a 0.25 % discount on auto payment loans.
Website: www.sofi.com
Headquarters: Cottonwood, Utah
Contact: 855-456-7634 (HQ)
13. Truist
Truist is an American bank holding company that was formed in 2019 after the merger of Branch Banking and SunTrust Banks, in Charlotte, North Carolina. Truist operates 2781 branches in 15 states of the USA including Maryland, DC, Connecticut, Kansas, etc. It is one of the best debt consolidation loan lenders in Maryland and its counties or cities.
Truist company provides debt consolidation loans on good credit card scores with 8.14 % to 18.99 % APR rates. This company does not charge any prepayment amount or fees, orientation fees, hidden charges, etc., and the debt consolidation loan amount is $ 3,500 to $ 50,000 for 6 to 60 months of term time and the amount will be credited to the account within 1 or the same day after approval.
Website: www.truist.com
Headquarters: Charlotte, North Carolina
Contact: 844-487-8478 (HQ)
14. CCU-MD
Central Credit Union of Maryland (CCU-MD) is a small banking branch that provides Debt consolidation loans, Personal loans, Mortgage loans, etc. It was established in 1936 by 24 employees of the Veterans Administration Facility, in Perry Point, Maryland. This union has another branch in Baltimore known as Loch Raven Branch. It is one of the best debt consolidation loan lenders in Maryland that provides small loans to people.
Debt consolidation loans consolidate your all other small loans and provide up to $ 20,000 loan amount for 12 to 72 months of term time. For a debt consolidation loan, your credit card score must be good and your low APR is up to 12.90 %. You can $ 20.04 as a monthly payment of the debt consolidation loan. This union does not charge any fee such as orientation fees or prepayment fees.
Website: www.ccumd.org
Headquarters: Perry Point, Maryland
Contact: 410-642-2495 (HQ)
15. FHA
Federal Housing Administration (FHA) is a residential mortgage loan lender in Maryland that provides First-time home buyer loans, Renovation loans, Debt consolidation loans, Mortgage loans, etc. at lower interest rates. FHA does not work with any government agency or the Department of Urban and Housing.
FHA debt consolidation loans cover all loans and for this loan, your low credit card score is 500 and your minimum credit card score is 580. The debt consolidation loan amount will depend on your credit card score. In a debt consolidation loan, you have to pay a 10 % down payment during application for this loan, and if your credit card score is 580 or above then you have to pay a 3.5 % down payment.
Website: www.fhaloanmaryland.com
Headquarters: Maryland
Contact: 855-557-5007 (HQ)
16. Debt.org
Debt.org is America’s Debt Help Organization that provides Credit card loans, Personal loans, Mortgage loans, Student loans, etc. It is an Orlando, Florida-based company that provides services in Maryland through its online website.
Debt consolidation loans are used to overcome the credit card loans’ interest rates and its monthly installments. This company provides $ 1000 to $ 1,00,000 loan amounts at lower interest rates. This company fixed interest rates based on your credit card score, if you have a 740 credit card score then get a low-interest rate, if a credit card score is between 670 to 739 then get some interest rate, and if your credit card score is below 670 then get the high-interest rate on a debt consolidation loan.
Website: www.debt.org
Headquarters: Orlando, Florida
Contact: 866-612-9971 (HQ)
17. Guidewell Financial Solutions
Guidewell Financial Solutions has become the Consumer Credit Counseling Service Maryland (CCCS-MD) that provides Debt consolidation or management loans, Personal financial workshops, Bankruptcy counseling, Student debt and Housing solution services, etc. This company was established in 1996, in Catonsville, Maryland but now this company has a new headquarters in Columbia, Maryland, and merged with MMI.
CCCS-MD provides debt consolidation loans at a lower interest rate which is based on your credit card score. Debt consolidation loan amount also depends on your credit card history. If you have a good credit card history then you will get a good debt consolidation loan plan that consolidates all old debts and you have to pay only a single small monthly installment at the end of each month.
Website: www.cccsmd.org
Headquarters: Columbia, Maryland
Contact: 800-642-2227 (HQ)
18. OneMain Financial
In 1912, Alexander E. Duncan founded OneMain Financial, an American financial services company in Indiana. This company has a branch in Towson, Maryland that helps customers and provides Debt consolidation loans, Emergency loans, Auto loans, Personal loans, Credit loans, etc., and also takes a late fee if you do not pay your loan amount on time.
This company offers a $ 22,000 debt loan amount at a lower interest rate for up to 72 months of term time with a good credit card score and APR will be between 18.00 % to 35.99 % for a loan. All other counties of Maryland can get debt consolidation loans through the Towson branch and its online website.
Website: www.onemainfinancial.com
Branch – Headquarters: Towson, Maryland
Contact: 410-823-3200 (BHQ)
19. Upstart
Upstart is an online AI lending platform that was established in 2012, in San Mateo, California. Upstart is connected with 100+ banks, credit card unions, and public loan lender companies. If you have a bad credit score then also apply for a debt consolidation loan via its online website. It also offers Personal loans, Auto loans, Home equity loans, etc.
For debt consolidation loans your minimum credit card score is 300 and APR is between 6.4 % to 35.99 %. Upstart offers $ 1000 to $ 50,000 debt consolidation loans at a lower interest rate for 36 to 60 months of term time. This company does not charge any orientation or prepayment fees and the amount will be credited within 24 hours.
Website: www.upstart.com
Headquarters: San Mateo, California
Contact: 650-204-1000 (HQ)
20. ClearOne Advantage
ClearOne Advantage was established by Tomas Gordon in 2008, in Baltimore, Maryland. This company is a leader in the debt relief industry in Maryland. This company provides services in Debt consolidation loans, Debt settlement and relief, Bankruptcy, etc. Debt consolidation loans cover Unsecured loans, Credit loans, Home equity loans, etc.
The loan amount will depend on your good credit card score because it is a secured debt consolidation loan and repay the loan for up to 5 years. Your monthly installments depend on your debt consolidation loan plan which is based on a lower interest rate. This loan will help you to get out of the debt soon.
Website: www.clearoneadvantage.com
Headquarters: Baltimore, Maryland
Contact: 888-340-4697 (HQ)
Conclusion
An average $ 74,520 annual income is needed in Maryland to fulfill the requirement but People do not have multiple income sources and take multiple small debts at high interest rates. If you have multiple debts then a debt consolidation loan is the best option to consolidate all debts at a lower interest rate. You can choose loan lenders according to your credit card score and APR. These loan lenders provide debt loans at a lower interest rate and you can pay small monthly installments at the end of each month.
